Articles - Chesapeake Wills & Trusts

Can a Trust Really Be Used to Protect Your Spouse?

All families have to deal with the complications of life and unexpected challenges can how much effort you put into your planning. But by working directly with an estate planning lawyer to ensure that your documents are properly drafted, then there is no need for...

Three Reasons 2019 is the Year for You to Put Together a Trust

If you didn't already know that trusts help to provide you with additional privacy in the estate planning process, an estate planning attorney could tell you that these are some of the most valuable strategies available today. Two major reasons for putting together a...

What Are the Duties of a Trustee After the Grantor Passes Away?

Are you curious about a trustee's duties after the trust creator or grantor passes away? There are both practical and legal responsibilities associated with this important role that are triggered immediately after the grantor passes away. First of all, the trustee...

Have You Planned for Incapacitation?

Estate planning means thinking about more than what happens to your property after you pass away. It also includes preparing for incapacity because there are many different issues that need to be addressed if you are unable to make decisions on your own. If you...

Should I Transfer My Assets into A Living Trust on My Own?

The first step to having assets officially owned by a living trust and not by you personally is to set up a living trust. However, don't forget the second and crucial step of funding a living trust, which involves making sure that the assets are transferred into the...

Is it Worth Avoiding Maryland Probate?

If you pass away with a will or fail to take extra care in your estate plan, certain assets will end up in Maryland probate. Although this is the official process for closing out your estate, you might not want your heirs to have to work through probate and deal with...

Don’t Forget These Five Aspects When Creating A Will

A will protects your family and your assets and yet plenty of Americans don’t have a power of attorney or a will. During the accumulation years, or the time period you spend working and earning money, there are many different phases of your life that you may...

How to Create Your Own Estate Planning Rule Book

We encourage all our clients to create their own estate planning rule book, putting a comprehensive estate plan in place that lets them set the rules today for what will happen in the future.

Medicaid

Many people worry what will happen to their home and their children’s inheritance if they ever need to go into a nursing home. Nursing homes and other long-term care facilities are exceedingly expensive, and Medicaid requires you to meet stringent limits on income and...